You are here

Aussie home market cooling as banks tighten reins

Regulators step in after low mortgage rates and a flood of Chinese investments propel home prices 29% higher in three years

Sydney

NICK Hart bought four homes in Adelaide in less than two years, and was getting ready to make an offer for a fifth, when a regulator-inspired move to cool the sizzling Australian property market spoiled his plans.

"I went to my bank for my next home loan and their response

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom